If you see, most people will have an old or new gold watch sitting in their drawer, which is definitely not being used and hence collecting dust for years. Most of the time these are like heirlooms and have been handed down for generations and thus this has an antique value too. However, if in any case you want to get rid of it and with that money want to buy a more modern, trendy and swanky watch for yourself then sell it and get paid handsomely.
Generally, items like watch lose its value, once it has been purchased and used. Only exceptions are the ones, which are antique items because only those will fetch you a high price. There are online sites where you can sell your gold watch. These sites will provide you with a valuation after you have provided them with all the required details and information.
Watches as such are considered as collectibles and might not fetch you a high price. However, when you are selling a gold watch then you may stand a better chance of selling your watch. You might be surprised that for a gold watch you can fetch a very high price, which you will surely like.
Post the details of the items on a website, which have a free listing and a free membership scheme, when you want to sell your watch. Check out whether the site has Amazon, Google, and Paypal checkout. You can advertise your watch by putting some interesting facts and features of the watch. Entice the visitors with details of your watch that would attract them and give them the urge to make the purchase. Research well before you place a price on the watch. You should ensure that your watch is being sold at a fair price, which will ensure that your watches are sold faster. If you over-price it then you may not be able to attract visitors.
